Arch Biopartners Inc V.ARCH

Tax Loss Selling

[Arbourmark]

Above average volume on both US side and Canadian. Close to 50,000 shares sold.

I suspect that many purchased shares at higher price but with no news or updates in past 9 months has investors concerned and feel their investment is dead money. They will sell to take advantage of tax loss to offset gains in other holdings.

This is disappointing to see this name down 6% on no news and literally there is no news!

Let's assume that ARCH is planning new trials and will need to either raise capital or potentially a strategic partnership but at $2.80 per share valuation and $175M market cap.

[TheBearInTheWoods]

Yesterday the stock was up 6%, today it's down. Which day do you post? The stock is flat year over year at the moment and financials show no need for money. If you can handle the heat maybe sell and buy another company flat over the past 12 months, good luck finding that. Facebook, nope. Netflix, Nope. Walmart, nope.  honestly I hope you guys just sell so I don't have to read how